Art valuation is a process of estimating the potential financial and market valueof an artwork. The practice of art valuation combines few parameters like the artist, with the uniqueness and rarityof the artwork including medium, size and the year or the time when the artwork was created. This also combines the financial valuation with subjective views on the cultural value and significance of a particular artwork with demand, liquidity and activity of the artist and art dealers.
Considering these, we look for comparative pricing for the similar artworks in primary and secondary markets.One can consider valuation of individual artwork as the nearest possible market realisation, considering the primary and secondary market scenarios.
So please share your ideas with us on contact@artlyworld.inor just simply WhatsAppus on +91 89 024 14419and we will get back to you with the proposal.